Quantrader

📊 Overview
This custom indicator combines intraday session analysis with multi-timeframe trend confirmation to identify high-probability trading opportunities. It features:

Custom intraday session tracking (GMT+7 timezone)

Multi-level moving average confluence (SMA 20, 100, 200)

Bollinger Bands mean reversion signals

Key intraday reference levels

⚙️ Core Components
1. Custom Intraday Session Tracking
Session Start: 7:00 AM GMT+7 (Vietnamese market open)

Calculates per session:

Intraday High/Low (resets at 7:00 AM daily)

Intraday Midline = (Session High + Session Low) / 2

Pre-Day Center = Previous day's midline (carried forward)

Open Day = First 15-minute candle's open price

2. Trend Analysis Framework
SMA 20 (Short-term momentum)

SMA 100 (Medium-term trend)

SMA 200 (Long-term trend direction)

Bollinger Bands (20-period, 2 standard deviations)

3. Signal Detection Logic
Bullish Mean Reversion Setup:
javascript
Condition 1: Green candle closes ABOVE Upper Bollinger Band
Condition 2: Following candle is ALSO green
→ Triggers: Green highlight + Triangle below bar
Bearish Mean Reversion Setup:
javascript
Condition 1: Red candle closes BELOW Lower Bollinger Band
Condition 2: Following candle is ALSO red
→ Triggers: Red highlight + Triangle above bar
🎯 Visual Elements
Element Color Description
Intraday Midline Blue Real-time session midpoint
Pre-Day Center Yellow Yesterday's midline (reference)
Open Day Purple (dashed) Day's opening price
SMA 20 Red Short-term trend
SMA 100 Green Medium-term trend
SMA 200 Orange Long-term trend
Bollinger Bands Red/Green/Blue Volatility boundaries
Bull Signal Green triangle ↓ Oversold bounce potential
Bear Signal Red triangle ↑ Overbought rejection potential
📈 Trading Applications
1. Trend Confirmation
Bullish Alignment: Price > All SMAs + Above Intraday Midline

Bearish Alignment: Price < All SMAs + Below Intraday Midline

2. Mean Reversion Opportunities
Overbought Scenario: Consecutive green candles above Upper BB → Potential reversal

Oversold Scenario: Consecutive red candles below Lower BB → Potential bounce

3. Intraday Level Trading
Intraday Midline: Dynamic support/resistance

Pre-Day Center: Psychological reference level

Open Day: Key opening price level

⚡ Key Features
Automatic Session Reset: Daily at 7:00 AM GMT+7

Multi-Timeframe Confluence: Combines intraday, daily, and trend analysis

Clean Visual Design: Non-cluttered, focused on key levels

Real-Time Calculation: All levels update with each new candle

🛠️ Recommended Settings
Timeframe: 15-minute to 1-hour charts

Markets: Forex, Indices, Commodities

Best Pairs: EURUSD, XAUUSD, VN30, USDJPY

Trading Style: Swing trading, Day trading

📖 Usage Tips
Trend Trading: Enter in direction of SMA alignment (20 > 100 > 200 for bullish)

Mean Reversion: Use BB signals at key intraday levels (Midline, Pre-Day Center)

Confirmation: Wait for candle close above/below key levels

Risk Management: Place stops beyond opposite intraday extreme

🎨 Customization Options
Users can modify:

Session start time (line 6)

Bollinger Band parameters (length, multiplier)

SMA periods

Color schemes